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In the last few years, IFC has prioritized an approach to creating bankable private sector infrastructure opportunities that is called Scaling focusing not on single asset development, but on a holistic approach that creates a pipeline of infrastructure projects. The essence of the Scaling approach is to develop a robust public-private partnership (PPP) model for a single deal and then replicate it. This spreads costs, enhances impact, and encourages programmatic, competitive tendering, with faster delivery and lower prices genuinely creating new markets. In some countries, this approach involved working with governments to design a process. In others, IFC has worked...
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Presentation done by Chandrabhan Sharma, Faculty of Engineering (UWI), Trinidad and Tobago for the 2020 CARILEC EMobility Webinar.
Trinidad and Tobago is heavily dependent on its oil and gas sector to support its economy and society. However, given the challenge of climate change, small economies of scale, and increased economic, social and environmental vulnerability, strategies are needed to ensure long-term sustainable development. A key aspect to be considered is the greater potential for the implementation of energy efficiency measurements, which would allow for energy security in the long term, a reduction in greenhouse gas emissions and increased revenue and cost savings. In this report, the methodology of the Energy Efficiency Indicators Database (BIEE) is set out in chapter...
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Barbados National Energy Policy (BNEP 2019-2030) proposes a 100% renewable energy and carbon neutral island- state transformational goal by 2030.
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Achieving global goals for access to energy and mitigation of climate change will require a quadrupling of present levels of solar photovoltaic (PV) generation in the developing world by 2025 to reach around 950 gigawatt (GW)1. This represents an investment of more than US$500 billion in new solar PV generation alone. To reach this objective, large amounts of private funding will have to be unlocked to complement the limited public financing available. Yet most developing countries still lack a pipeline of bankable solar projects for consideration by the private sector. To develop one, countries must take a series of key...
The report, a joint effort between the World Bank’s Social Development Global Practice and International Finance Corporation (IFC) advisory services, is based on the idea that local engagement, for example, through benefit sharing, is an important way for better risk management and creating a more enabling environment for renewable energy development. It finds that the underlying causes of the conflicts are diverse, complex, and dynamic: influencing factors include historical struggles over poverty and inequality, land ownership, mistrust in public and private institutions, a lack of free, prior and informed consultations (FPIC) before investment flows into the region and oftentimes a...
The CESaRE Webinar Series entitled Big Data and the Caribbean's Energy Transition featuring Dr. Legena Henry, Susanna Shaw and Yekini Wallen-Bryan. The webinar looks into how Big Data can transform the region's energy transition.
This technical guide is the second in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It focuses on the main functionalities, differences and benefits of various compensation devices that can be employed to increase system transfer capacity, system stability, power quality and flexibility to cope with increasing penetrations of renewables in the system. The applications of FACTS devices are associated with four essential technical enhancements of system capacity, system reliability, power quality and system controllability....
This technical guide is the fourth in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It provides guidance on the role and benefits of forecasting as a cost-effective operational solution to manage the uncertainty of VRE generation and facilitate the integration of larger shares of these resources in the energy mix. The guide focuses primarily on the types of forecasting methods and how physical and statistical models are used for developing short- to long-term forecasts....
This technical guide is the first in a series of four technical guides on variable renewable energy (VRE) grid integration produced by the Energy Sector Management Assistance Program (ESMAP) of the World Bank and the Global Sustainable Electricity Partnership (GSEP). It provides a general overview of the intrinsic characteristics of VRE generation, mainly solar PV and wind, what the main challenges are along with some recommendations for VRE technical specifications, applicable standards, and essential testing. The main focus of the document presents a detailed outline of the essential requirements for VRE integration into the power grid. The requirements differ for...
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